When only 8 to 15 mega-trusts dominate the entire defined contribution (DC) and LGPS landscape, peer-group risk may override manager…
This is clearly a serious story about institutional accountability, bankruptcy and the treatment of former employees. But, although the immediate…
Here's another way for a pension fund to get in the soup. https://bayourenaissanceman.blogspot.com/2026/09/the-catholic-clergy-sex-abuse-scandal.html
I had earlier today read a medical research article reporting on a Japanese study that found that “supercentenarians” — those…
Monthly Archives: February 2026
Wolverhampton folk demand LGPS returns £11bn surplus it’s sitting on.
John Clancy and David Bailey have blogged about the enormity of the wrong to the West Midlands council tax-payer by the LGPS. Their latest blog says that money returned to Birmingham is not enough and that Wolverhampton has the same … Continue reading
Is the VFM Framework the end for DC workplace pensions?
An elderly actuary pings me a message about the VFM Framework I joked about the VfM framework before… However there is an alternative way of looking at it. Here is how it might improve outcomes. 1. It will be … Continue reading
“We shape our tools and thereafter our tools shape us”
This article arrived as my free lunch last Sunday. It is an amazing piece of work. I hope I do not scramble your brain by asking you to engage your brain with Tej’s thoughts.
David Butcher ; the trustee salesman’s views offered with conviction
I told you that these VFM podcasts are getting a lot better this year. I thought that I would have to bring my praise to an end when I discovered that the second interview with David Butcher was 77 minutes … Continue reading
This royal crisis is the moment to redefine Britain’s monarchy
Will Hutton is on about the monarchy This royal crisis is the moment to redefine Britain’s monarchy The arrest of Andrew Mountbatten-Windsor must be the trigger for a long-overdue reinvention Prince Charles and Diana, Princess of Wales, with princes William … Continue reading
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The VFM framework – masterpiece of analysis – zero emotional thinking
David Butcher says his goodbye to his appearance this week, with his assessment of what the VFM Framework is doing “It’s a masterpiece of analytic thinking but there is zero of emotional thinking in there”. Having spent a morning watching … Continue reading
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The grafters should come before the grifters – the free leaseholders say.
If you don’t know the difference between the grifter and a grafter – read this blog The consequence of the grifters getting ahead of the grafters is a collapse in leasehold re-sale prices.
Do you use AI for retirement planning and could it ever replace human advice?
The FT is calling out for feedback on how people are getting on with AI in planning their retirement. I know Mary and her advanced bump so am sharing a link to her request which you can access and leave … Continue reading
Insights into a pensions sponsor substitution transaction – watch Aberdeen, Stagecoach Trustees with PWC
Iain Pearce is a smart consultant, Nick Chard a professional trustee and Rob Andrew an actuary who manages pensions at Aberdeen. Together they did a great job for the Stagecoach Pensioners. I’m pleased he is making sure the story of … Continue reading
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Tagged Aberdeen, Iain Pearce, Nicholas Chadha, Rob Andrew, Stagecoach
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Nest and People’s Pension have £100bn of our money growing Britain and our retirement pay.
The money is rolling in and pots are swelling fast People’s Pension (run by People’s Partnership) has hit £40bn and is on the same trajectory as Nest. You may have noticed that between them, Nest and People’s Pension have £100bn … Continue reading
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Scottish teachers' pay increases, such as the recent multi-year agreement negotiated via the Scottish Negotiating Committee for Teachers (SNCT) covering…